Business briefs
17 Jun 2002
Including news from Lucent Technologies, Dow Corning, Lumex, Tronic's Microsystems and more.
US-based
Lucent Technologies has completed the spin-off of
Agere Systems. The completion was marked by the distribution of 945 million shares of Agere common stock to Lucent shareholders. "We are proud to launch Agere as a separate company and wish them every success," said Lucent chief executive officer Patricia Russo.
Dow Corning and
NeoPhotonics, both of the US, have teamed up to develop next-generation photonic-crystal technology. The partnership combines Dow's knowledge of silicon-based materials with NeoPhotonics' nanomaterials know-how. The companies intend to commercialize the technology for applications including optical telecommunications.
In France,
Tronic's Microsystems, a MEMS foundry, and the
CEA's electronic and information technologies laboratory (CEA Leti) have signed a three-year research and development deal. This alliance will promote the manufacture of silicon-on-insulator MEMS and development of new devices based on this technology.
Lumex, a US-based developer of optoelectronic devices, has formed a group dedicated to developing LEDs for general lighting applications. Called Sunbrite, the new group will supply high-power illumination products for applications including signs, traffic-control, automotive and off-road vehicle lighting.
Picolight, US, a developer of optoelectronic components for optical networks, has closed its latest funding round of USD 27 million. The company will use the cash to ramp up volume manufacture of its optical transmitter and transceiver product lines that use 850 nm and 1310 nm VCSELs and VCSEL arrays.
Taiwan-based maker of fiber-optic components Arima Photonics is to represent UK-based
Advanced Technology Coatings (ATC) in the Asia-Pacific rim. Robert Munday, general manager of ATC, said: "Arima's knowledge and presence in the Asia-Pacific area will valuable in helping us to develop our overseas thin-film filter business."
